top | item 46691763

(no title)

_def | 1 month ago

> When the topic is dry and quantitative (Finance), the market is efficient. When the topic allows for tribalism and hope (Sports, Entertainment), the market transforms into a mechanism for transferring wealth from the optimistic to the calculated.

I get that the finance market is _more_ dry and quantitative than sports, but certainly not immune to hope and tribalism,

discuss

order

buellerbueller|1 month ago

>I get that the finance market is _more_ dry and quantitative than sports, but certainly not immune to hope and tribalism

where is your paper?

pinkmuffinere|1 month ago

Irrational Exuberance by Robert Shiller